CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 15 PAGE # 1 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 9:49 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750% ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $225,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $239,000,000.00 $95,975,994.86 $21,748,088.13 $459,884.98 $22,207,973.11 $74,227,906.73 A-3 Notes $324,000,000.00 $324,000,000.00 $0.00 $1,606,500.00 $1,606,500.00 $324,000,000.00 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $912,250.00 $912,250.00 $178,000,000.00 NOTES TOTALS $966,000,000.00 $597,975,994.86 $21,748,088.13 $2,978,634.98 $24,726,723.11 $576,227,906.73 B-1 $30,938,845.63 $26,363,258.27 $695,759.27 $137,308.64 $833,067.91 $25,667,499.00 CERT TOTALS $30,938,845.63 $26,363,258.27 $695,759.27 $137,308.64 $833,067.91 $25,667,499.00 TOTALS $996,938,845.63 $624,339,253.13 $22,443,847.40 $3,115,943.62 $25,559,791.02 $601,895,405.73 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 0.00000000 0.00000000 0.00000000 A-2 90.99618464 1.92420494 310.57701561 A-3 0.00000000 4.95833333 1,000.00000000 A-4 0.00000000 5.12500000 1,000.00000000 Totals 22.51354879 3.08347306 596.50922022 B-1 22.48821040 4.43806604 829.62044890 Totals 22.48821040 4.43806604 829.62044890 TOTALS 22.51276244 3.12551129 603.74355796 IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 15TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 15 PAGE # 2 DETERMINATION: 10-Mar-98 Beginning 2/1/98 DISTRIBUTION: 16-Mar-98 Ending 2/28/98 TIME: 3/13/98 9:49 per $1000 Section 5.8 (iii) Servicing Fee $520,282.71 .52188027 Section 5.8 (iv) Administration Fee $1,000.00 .00100307 Section 5.8 (vi) Pool Balance at the end of the Collection Period $601,895,405.73 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $0.00 TOTAL $0.00 Section 5.8 (viii) Realized Losses for Collection Period $387,323.14 Section 5.8 (ix) Reserve Account Balance after Disbursement $18,056,862.17 Section 5.8 (x) Specified Reserve Account Balance $18,056,862.17 Section 5.8 (xi) Total Distribution Amount $26,762,322.34 Servicing Fee $520,282.71 Administrative Fee $1,000.00 Noteholders' Distribution Amount $24,726,723.11 Certificateholders' Distribution Amount $833,067.91 Deposit to Reserve Account $681,248.61 Section 5.8 (xii) Noteholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) A-2 $21,748,088.13 $459,884.98 $22,207,973.11 90.99618464 1.92420494 92.92038958 A-3 $0.00 $1,606,500.00 $1,606,500.00 0.00000000 4.95833333 4.95833333 A-4 $0.00 $912,250.00 $912,250.00 0.00000000 5.12500000 5.12500000 Total $21,748,088.13 $2,978,634.98 $24,726,723.11 22.51354879 3.08347306 25.59702185 Section 5.8 (xiii) Certificateholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) Total $695,759.27 $137,308.64 $833,067.91 22.48821040 4.43806604 26.92627643 Section 5.8 (xiv) Reserve Account Transfer Amount $681,248.61 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK